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20 sats \ 7 replies \ @Undisciplined 14 Dec \ parent \ on: MONEY CLASS OF THE DAY: Velocity, Microsoft's Market Cap and How Money ≠ Wealth econ
Indeed, I should have said "relatively economically literate".
I'm just often surprised that people with some of these misconceptions find their way to bitcoin at all. Maybe they find their way here because of the misconceptions, though.
That could be true! That is why we are here, to help them out of their morass.
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probably. Some sort of midwit-filter selection going on?
The old (-ish, lol) Croesus classic still holds: "Why The Yuppie Elite Dismiss Bitcoin"
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Really? Yuppies have a tendency to kill whatever they seem to take a strong liking to.
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Maybe, I am old-fashioned, but I do not trust ETFs in the least bit. I know that they do not hold what they claim to hold in the metals. They are lying! I don’t want to be caught when they go bankrupt (that work’s origin is bank corrupt). They are all run by the same people running the banks and the exchanges. I also don’t trust the exchanges because they are constantly front running the orders to dip their beaks into the flow. They will never be caught because they are hand-in-glove with the state.
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You gotta love those mid-wits! They are slightly better than nit-wits and a lot better than no-wits. However the mid-wits seem to be all over the place and forever overrunning everything.
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